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WTI, Brent margin shrinks, Ecopetrol imports light crude

Thursday, October 8th, 2015 Category: Eye on Ecopetrol
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WTI, Brent margin shrinks, Ecopetrol imports light crude

Ecopetrol is following the lead of other producers in Latin America and OPEC members by importing light crude from Nigeria and Russia to mix with its heavy crude production and fetch a better international price, fostered by a shrinking gap between the Brent and WTI prices.

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